Ignite power solar

Who is Ignite Energy Access?

The deal, which is subject to regulatory and antitrust approvals, will create the largest DRE company in Africa, operating under the name Ignite Energy Access. The combined entity plans to deliver solar power to more than 15 million people across 14 African countries.

What does ignite power do?

Both companies share a mission of increasing access to sustainable energy. Ignite Power leverages falling costs of solar panels and batteries, along with increasing adoption of mobile payment systems, to provide affordable and reliable power to homes, businesses, farms, schools and other institutions.

Why was ignite power acquired?

The acquisition comes at a time when the cost of solar panels and batteries has dropped significantly, and mobile payment systems are widely adopted. Ignite Power leverages these trends to provide affordable, reliable, and easy-to-install solar solutions for homes, businesses, schools, farmers, and other institutions.

What happened to ignite solar power?

Launched with the Rwanda government support, Ignite’s solar-power revolution quickly gathered momentum. By 2019, it was thriving, serving 10,000 villages and connecting over 1.1 million Africans to electricity. Then the pandemic struck. “Those first few weeks were a shock,” says Yariv today, from his base in the United Arab Emirates.

Why did ignite power acquire Engie energy access?

With ENGIE Energy Access’s extensive presence across Africa, strong customer base, and proven operational expertise, this acquisition positions Ignite Power to become a central force in accelerating energy access on the continent.

Who is ignite?

Founded in 2014, Ignite focuses on bottom-of-the-pyramid communities, consisting mostly of small-holder farmers and their families, providing them with clean, green energy solutions to their everyday needs, including solar home systems, solar irrigation pumps, and much more.